TradeKing™ Earns Seventh Consecutive Four-Star Rating in the Barron's 2013
Online Broker Survey
TradeKing Outperforms Higher-Priced Brokers Including Charles Schwab, Fidelity
and E*Trade; Recognized Among ‘Best for Options Traders’
FORT LAUDERDALE, Fla. -- March 13, 2013
Online broker TradeKing (http://www.tradeking.com) today announced it has
earned a four-star rating in Barron's 18th annual survey of Best Online
Brokers and was distinguished in the survey as one of the top firms for
This marks the firm’s seventh consecutive four-star ranking from Barron’s, and
its first since merging with online broker Zecco Trading Inc. in 2012.In the
survey of two dozen online brokers, TradeKing again outperformed larger, more
expensive brokers including Charles Schwab, E*Trade, Fidelity and Scottrade.
In the survey rankings, TradeKing was named among the “Best for Options
Traders,” a category in which the firm has been noted as a leader for six
consecutive years.The firm also received strong scores for education and
customer service, as well as for its research and reporting tools.
Barron’s editors pointed to the added benefits to clients resulting from the
TradeKing/Zecco merger, writing: “They were able to add new mobile apps, an
upgraded research center, and foreign exchange trading over a seven-month
period, which is quite remarkable…The screening capabilities…were much
improved during the merger.” TradeKing also received kudos for its TradeKing
LIVE platform for active traders as well as its Options Strategy Workbench for
building options trades in “a flexible and educational way.”
The Barron's survey measures overall brokerage performance based on eight key
aspects: trading experience and technology, usability, mobile, range of
offerings, research amenities, portfolio analysis and reports, customer
service and education, and costs.
“The combined team from TradeKing and Zecco worked hard this past year to
bring the integration of our two firms together in the best, most expeditious
way possible for our clients,” said Don Montanaro, CEO of TradeKing Group,
Inc. “We were able to accomplish a lot in a very short period of time, and our
hope is clients see that as evidence of our commitment to pushing hard
everyday to build the best possible brokerage. We are encouraged by the
recognition we’ve received in Barron’s, but we see great opportunity to
compete at the highest level in the years to come by delivering unbeatable
value for our clients.”
About TradeKing Group, Inc.
TradeKing Group, Inc. (www.tradeking.com) consists of companies that provide
online brokerage services, social communities for investors, investor
education and more. Its subsidiary, TradeKing, is a nationally licensed online
broker/dealer dedicated to empowering the independent, self-directed investor.
It offers simple, low flat fees ($4.95 per trade for both equity and option
trades with $0.65 per options contract).^1 The TradeKing platform features
powerful online equity, options, ETF, mutual fund and fixed-income trading
tools accompanied by a rich set of news, research and analysis capabilities.
Follow TradeKing on Twitter at http://twitter.com/TradeKing,
Facebook at http://www.facebook.com/tradeking,
YouTube at http://www.youtube.com/tradeking,
LinkedIn at http://www.linkedin.com/company/tradeking,
Google+ at https://plus.google.com/+tradeking/posts.
1 Please see www.tradeking.com/rates for more details on trade commissions for
low priced stock, bonds, mutual funds and other securities.
Options involve risk and are not suitable for all investors. For more
information, please review the Characteristics and Risks of Standard Options
brochure at www.tradeking.com/odd before you begin trading options. Options
investors may lose the entire amount of their investment in a relatively short
period of time.
$4.95 for online equity and option trades, add 65 cents per option contract.
TradeKing charges an additional $0.35 per contract on certain index products
where the exchange charges fees. See our FAQ for details. TradeKing adds $0.01
per share on the entire order for stocks priced less than $2.00. See our
Commissions and Fees page for commissions on broker-assisted trades,
low-priced stocks, option spreads, and other securities.
Online trading has inherent risks due to system response and access times that
vary due to market conditions, system performance and other factors. An
investor should understand these and additional risks before trading.
TradeKing provides self-directed investors with discount brokerage services,
and does not make recommendations or offer investment, financial, legal or tax
advice. The content of this press release is provided for educational and
informational purposes only, does not constitute a recommendation to enter in
any of the securities transactions or to engage in any of the investment
strategies presented herein, and does not represent the opinions of TradeKing
or its employees.
Investors should consider the investment objectives, risks, charges and
expenses of mutual funds or exchange-traded funds (ETFs) carefully before
investing. The prospectus of a mutual fund or ETF contains this and other
information, and can be obtained by emailing email@example.com. Investment
returns will fluctuate and are subject to market volatility, so that an
investor's shares, when redeemed or sold, may be worth more or less than their
original cost. ETFs are subject to risks similar to those of stocks. Some
specialized exchange-traded funds can be subject to additional market risks.
Content, research, tools, and stock or option symbols are for educational and
illustrative purposes only and do not imply a recommendation or solicitation
to buy or sell a particular security or to engage in any particular investment
strategy. The projections or other information regarding the likelihood of
various investment outcomes are hypothetical in nature, are not guaranteed for
accuracy or completeness, do not reflect actual investment results and are not
guarantees of future results.
Forex, Inc. and TradeKing, LLC are separate, but affiliated companies. Forex
accounts are not protected by the Securities Investor Protection Corp. (SIPC).
Forex trading involves significant risk of loss and is not suitable for all
investors. Increasing leverage increases risk. Before deciding to trade forex,
you should carefully consider your financial objectives, level of investing
experience, and ability to take financial risk. Any opinions, news, research,
analyses, prices or other information contained does not constitute investment
advice. Please note that spot gold and silver contracts are not subject to
regulation under the U.S. Commodity Exchange Act.
TradeKing Forex, Inc. acts as an introducing broker to GAIN Capital Group, LLC
("GAIN Capital"). Your forex account is held and maintained at GAIN Capital
who serves as the clearing agent and counterparty to your trades. GAIN Capital
is registered with the Commodity Futures Trading Commission (CFTC) and is a
member of the National Futures Association (NFA) (ID # 0339826). TradeKing
Forex, Inc. is a member of the National Futures Association (ID # 0408077).
TradeKing Group, Inc. is not a broker/dealer.
© 2013 TradeKing Group, Inc. All securities and investments are offered
through TradeKing, LLC. Member FINRA/SIPC.
Tier One Partners
Sue Parente, 781-642-7788
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